US BUSINESS MOGUL “CHUCKS OUT” LOCAL COMMUNITIES FROM POVERTY

US BUSINESS MOGUL “CHUCKS OUT” LOCAL COMMUNITIES FROM POVERTY

An American mining investor is supporting local mining communities by extending various philanthropic works to them.

MGG Holdings founded by Frederick R. McKoy, a United States business mogul, has its Zimbabwe subsidiary, MGG Advisory. The mining conglomerate has already started helping youths in Zvishavane who are into mining by giving them financial aid to start mining or to buy mining equipment to boost up production.

Local traditional leaders that were full of praises for Mckoy, confirmed that a number of youths from Zvishavane have been bailed out with start up capital to start small scale mining while others will be helped to get access to mining equipment that will enable them to scale up production.